Gate.io will launch the 3rd round of the 7th-anniversary EOS Lock-up & Earn on May 13th (Wednesday). The total amount will be 500,000 EOS with an annual interest rate of 10%. Web Users can use this link to purchase -https://www.gate.io/hodl/52
, while app users can head over the HODL & Earn tab.
Gate.io’s 2nd round of the 7th-anniversary ETH Lock-up & Earn was concluded at 05:06 GMT, on May 6th. The total amount was 5,000 ETH with an annual interest rate of 10%. The 5,000 ETH were sold out in 70 minutes to 205 participants.
Gate.io HODL & Earn is launching 7 Lock-up & Earn products in total with major cryptocurrencies for the celebration, taking place from April 29th to June 10th. The total value of tokens to be locked will amount to $7,000,000; the annual interest rate will be 10%. The products are sold on a first-come-first-served basis. For further details, please check here: https://www.gate.io/article/17429
Launching time of different major cryptos:
Lock-up & Earn (30 Days) Purchase Rules
The purchase rules are as follows:
1) The tokens to be locked and interests to be received are shown in the chart above. The annual interest rate is 10%. The total value of tokens to be locked is above $7,000,000.
2) The purchase time is also shown in the chart. Users can purchase on a first-come-first-served basis.
3) During the first 10 minutes of the purchase, users need to be VIP 3 and above to participate. The purchase limit will be calculated based on users' GT holdings.
Below are the requirements for GT holdings:
4) After the first 10 minutes of the purchase, there are no VIP or GT holding requirements for participants. However, please note that the product might be sold out within the first 10 minutes.
5) The interests will be distributed to users when the lock-up period ends.
Gate.io HODL & Earn
Gate.io has launched HODL & Earn, a series of crypto-asset management tools that promises stable profit and lower risks. With Gate.io HODL & Earn, users can earn interest with current or fixed deposits. We will also launch asset management tools with major cryptocurrencies such as BTC and USDT, providing more ways for users to gain interest.
Attention: Once purchased, the principle will be locked immediately and will only be returned with the interest when the lock-up period finishes. The funds are not able to be withdrawn during the lock-up period. Losses incurred due to market volatility shall be borne by users. Please be aware of the market risks and use this feature with caution.
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May 12, 2020